Biological molecules can be obtained from natural sources or from commercial waste streams and can serve as effective feedstocks for a wide range of polymer products. From foams to epoxies and composites to bulk plastics, biomolecules show processability, thermal stability, and mechanical adaptations to fulfill current material requirements. This paper summarizes the known bio-sourced (or bio-derived), environmentally safe, thermo-oxidative, and flame retardant (BEST-FR) additives from animal tissues, plant fibers, food waste, and other natural resources. The flammability, flame retardance, and—where available—effects on polymer matrix’s mechanical properties of these materials will be presented. Their method of incorporation into the matrix, and the matrices for which the BEST-FR should be applicable will also be made known if reported. Lastly, a review on terminology and testing methodology is provided with comments on future developments in the field.